A Promise to 'Keep an Offer Open' for a Specified

question 17

Multiple Choice

A promise to 'keep an offer open' for a specified period:

• A)is not enforceable unless made in writing.
• B)is not enforceable.
• C)is not enforceable unless supported by the offeree's consideration.
• D)is not enforceable unless supported by the offeror's consideration.

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Definitions:

Position Of Authority

The condition of having the power to make decisions, command respect, or dictate actions within a certain context or organization.

Observational Learning

The process of acquiring new behaviors or knowledge by watching and imitating others.

Group Size

The number of individuals forming a defined or structured set, impacting dynamics and interactions within.

Incorrect Choice

A decision that turns out to be wrong or less optimal compared to other available options.